Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

International Zeolite Corp V.IZ

Alternate Symbol(s):  IZCFF

International Zeolite Corp. is a vertically integrated industrial minerals company. Its principal business activities are the exploration and development of mineral properties and the development, marketing and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. Its segments include exploration and development, and retail and commercial sales. It has a Zeolite project in the Bromley Creek area located near Princeton, British Columbia (the Bromley Creek Zeolite Project). It holds 640.21 hectares of mineral claims leased from the British Columbia government. The Bromley Creek Zeolite Project consists of a total of one mineral lease and four mineral claims. Its products include NEREA and Natural Zeolite. NEREA is a material and method of direct crop and plant agronomy, offering an alternative to the hydroponics technique. Its products have applications in agriculture, industrial and home use.


TSXV:IZ - Post by User

Bullboard Posts
Post by Chris333on Jan 28, 2019 8:49am
54 Views
Post# 29288387

numbers are changing

numbers are changing
  • Significant year-over-year sales growth at Earth Innovations Inc.
  • Addition of new distribution channels for 2019

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2019) -  International Zeolite Corp. (TSXV: IZ) (OTCQB: IZCFF) (FSE: ZEON) (the "Company") an international marketer and supplier of natural zeolite and zeolite products, is pleased to provide investors an update on the Company's Earth Innovations Inc.(EII) increased sales for the first half of the current fiscal year.

Results for the first half of fiscal 2019 indicate wholesale revenues from EII's flagship products, ecoTraction™ and ecoTractionPRO™, in excess of $468,000 for the six-month period ending December 31, 2018. This represents an increase of 40% over the pre-acquisition sales of Earth Innovations from the same period in 2017. In addition, and despite a decidedly warmer start to the winter season in eastern Canada and the USA this year, EII is on track to meet or exceed last year's sales for the current quarter (January to March 2019).

In December 2017, International Zeolite completed the acquisition of Earth Innovations Inc. to help the Company establish and grow a consumer and commercial platform of zeolite and zeolite-based products. The Company began reporting the consolidated revenue associated with the acquisition in October to December 2017 period (Q2 Fiscal 2018) and as such, this is the first time the Company has incorporated full first half revenues from Earth Innovations. Earth Innovations further expects to add several new retail and commercial distributors for the 2019 and the 2019/20 seasons for both its ecoTraction™ and Smell Grabber product lines.

"While Management is pleased with the overall EII growth in sales in the first half of the fiscal year", stated Ray Paquette CEO, "we will continue to focus on increasing sales through establishing more distribution channels, marketing strategies, improved logistics and increasing warehousing capacity in Eastern Canada."

On Behalf of the Board

Ray Paquette
President & CEO


Bullboard Posts